Black Churches Have Become Financial Planning Educators
The National Black Church Initiative (NBCI) foresaw the mortgage crisis that hit the U.S. in 2008 a number of years before anyone even suspected such a cataclysmic event would happen.
Within the African-American community, at any rate.
As far back as 2004, “our pastors were calling us up, concerned at the number of people buying houses and asking for dedications [a church blessing],” says Reverend Anthony Evans, NBCI's president. “They did not recall many of these individuals having steady and consistent employment and that set off a red flag.” Click here to read more ››
Michelle Singletary is a nationally syndicated columnist for The Washington Post. Her column, "The Color of Money" is an award-winning column, which is now carried in about 120 newspapers across the country including the Atlanta Journal Constitution, Miami Herald, Boston Globe, Tampa Tribune and Philadelphia Inquirer.